MEXAM1202 w Today is FEB 12 2021. You are working on a client's credit application, they have been working at their employer Olsen Steel Company. You had told the client that you could accept a salary letter, paystub or direct deposit information. She has provided you the following salary letter. Robert Worthing Human Resources Manager Olsen Steel Company, Inc 440 Montgomery St. London, Ontario N5B VIA SEP 26 2020 Jane Smith 60 Arthur St. 123 Farmers Street London, Ontario 15/11 Re: Offer of Employment Dear lane Smith As we discussed in my office, on Sept 23 2020, we are extending an offer of employment as a Marketing Analyst. If you accept the offer of employment, the following terms apply. The responsibilities as outlined in exhibit A. Please begin work on OCT 12020. I will contact you within the next few days to confirm your starting date Your beginning rate of compensation will be an annual salary of $45,000 Please see that ttached for information on employee benefits We look forward to working with you lane and hope that you actent this aller of employment Please see that attached page for information an employee benefits. We look forward to working with you ane and hope that you accept this offer of employment. Sincerely, Robert Worthing Is this letter acceptable? What could you do to authenticate the letter? No the letter is not acceptable, I would tell the client to obtain a new salary letter from her employer No the letter is not acceptable. I would ask the client to change the date and initial it for my records Yes the letter is acceptable, no other documentation is required No the letter is not acceptable. I would call the HR manager to confirm before using the letter What other documentation could you need to obtain? Ask client to provide most current paystubs, or direct deposit confirmations None of the above Ask client to call the HR manager while she was in my office so that I could verbally confirm the information and then document No other documentation is required I would proceed with the application The client seems hesitant to provide more income verification Information, saying "My other bank had no problem using this letter last month? You should be able to do the same." The client is trying to pressure you Into overlooking your documentation requirements. What would your best option be? Tell your manager that you suspect fraud Decline the loan request Explain to the client that you are simply following your due diligence and that we required proper documentation Your sales targets are low this month, you could overlook it just this once Submit Assignment Quit Stive Quebon Menu Nokt Type here to search
